-

Home Trading Systems Ultimate Forex System

Ultimate Forex System

The strategy used with this system is trend following, plus trading support and resistance levels. Trend following is one of the most effective trading methods and it was proven to be profitable for all markets, including of course, Forex market.

The system is focusing on medium term trends or trend that would usually last for few days or a whole week maximum. For that purpose, we highly suggest that you use medium term time frame and avoid larger and smaller time frames. Best time frames for this system: 15M – 30M – 1H and 4H time frames. Best results with 1H chart.

To be able to use this system successfully, you need to have Metatrader 4 platform installed and ready. Metatrader 4 is a free trading platform which is supported by almost all Forex brokers.

System rules:

Buy Signal
1 – UP TREND SIGNAL, Green Trend Line
2 – UP TREND BARS, Green Trend Bars
3 – BUY SIGNAL FROM TREND ARROWS, Green Arrow

Sell Signal
1 – DOWN TREND LINE, Red Trend Line
2 – DOWN TREND BAR, Red Trend Bar
3 – SELL SIGNAL FROM TREND ARROWS, Red Arrow

When to close the trade?

Best practice is to close the trade when two indicators generate an opposite signal. For example, Trend Arrows and Trend Bars, or Trend Bars And Trend Line, or Trend Arrows And Trend Line. You can also use Targets indicator as we will explain later. You don’t have to wait until you get an opposite signal from all indicators.

Ultimate Forex System free download:

LINK

New posts

Ape Scalping Trading System

The Ape Scalping is a trend-momentum forex system for scalping, intraday and swing trading. This is an great trading...

FanSimple8 MT4 Indicator

The FanSimple8 shows the correctness of reversal of the moving averages fan on different timeframes. This tool includes four...

Instantaneous Trend Line MT4 Indicator

The Instantaneous Trend Line is a forex trend following indicator. It is displayed in the separate window below main...

Var Moving Average MT4 Indicator

The Var Moving Average Indicator is a trend following forex trading indicator. This tool is custom coded but it...

Looking for something?

Popular posts

Trend Imperator V2 Trading System

Trend Imperator V2 is advanced forex trading system with clear arrows buy and sell signals. In the package you will receive following files: Trend_Imperator_V2e.ex4 Trend_Imperator_V2.ex4...

Instant Buy Sell Signal

Instant Buy Sell Signal is profitable forex trading strategy that is really easy to use. It generate clear signals with arrows on charts. Below...

Xmaster Formula MT4 Forex Indicator

The Xmaster Formula Indicator was made for traders like you can become real master of forex. This wonderful tool is suitable to use for...

Forex Entry Point Indicator

Forex Entry Point indicator was designed to give traders best possible entry for their long and short trades.It displays pink and turquoise vertical lines...

Forex Lines 7

Forex Lines 7 Trading System EA Forex Lines - is unique trading robot (Expert Advisor) that monitors the market situation 24 hours/day and makes profitable...
InstaForex

You might also likeRELATED
Recommended for you